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Nihon Nohyaku agchems up 11% in first half

Nihon Nohyaku recorded a 10.5% increase in agrochemical sales to ¥22,579 million ($228 million at the current rate) in the six months ended March 31st 2013. Domestic sales were up just 0.7% to ¥13,152 million ($133 million), while exports increased by 28% to ¥9,427 million ($95 million). Overseas sales were boosted by high pest levels in Europe and the US, strong sales for technical grade flubendiamide, and depreciation of the yen, the company says.

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